$749,000

Estimated payment $4,977/month

Total Views 2,564
-- Bed
-- Bath
2,006 Sq Ft
$373 Price per Sq Ft

Highlights

  • Water Views
  • Wood Flooring
  • Impact Glass
  • Fruit Trees
  • Porch
  • Cooling System Mounted To A Wall/Window

About This Home

3 unit multifamily property in Lake Worth Beach. Solid CBS construction with impact windows/ doors and separate electric meters. This building serves as a prime example of Streamline Moderne architecture. Each unit has been remodeled to blend vintage Florida with modern elements. Complete with off street parking, tropical landscaping and fenced-in yard. Property is blocks to downtown, a few minutes to the beach and centrally located in Palm Beach County.

Listing Agent

Michael Luciano

LPT Realty, LLC License #3371345 Listed on: 05/07/2025

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,506

Year Built

  • Built in 1950

Lot Details

  • 6,750 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,006 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Impact Glass

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 38434421152800010
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units
  • Lake Worth Town Of Subdivision

Building Details

  • Operating Expense $20,106
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,506

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Federal Hwy. to West on 9th Ave. N, on corner of 9th Ave. and North ''J'' Street.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Hardwood, Laminate, Other, Tile, Wood
  • Living Area: 2006.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Porch, Patio
  • View: Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 38434421152800010
  • Lot Size: 50.0 ft x 135.0 ft
  • Lot Size Sq Ft: 6750.0
  • Zoning Description: SF-TF-

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 50400.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 20106.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10506.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,506 $407,462 -- --
2023 $10,893 $417,736 $0 $0
2022 $9,881 $379,760 $0 $0
2021 $7,109 $250,132 $98,250 $151,882
2020 $7,090 $278,887 $132,600 $146,287
2019 $6,448 $234,440 $85,800 $148,640
2018 $5,727 $193,759 $79,182 $114,577
2017 $4,730 $149,955 $75,411 $74,544
2016 $4,908 $159,660 $0 $0
2015 $3,246 $73,853 $0 $0
2014 $3,115 $67,139 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $749,000 0.0% $373 / Sq Ft
11/21/2017 11/21/17 For Rent $1,200 0.0% --
11/21/2017 11/21/17 Rented $1,200 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 Clear2 Close Title & Escrow
Warranty Deed $235,000 Distinctive Title Svcs Inc
Quit Claim Deed -- Attorney
Grant Deed -- None Available
Warranty Deed $127,000 First American Title Ins Co
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,250 New Conventional
Previous Owner $176,250 New Conventional
Previous Owner $101,600 Purchase Money Mortgage
Previous Owner $45,500 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11088696

BeachesMLS

APN: 38-43-44-21-15-280-0010